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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Land Area ()

Property Description

This offering outlines the opportunity to acquire fee-simple interest in 2111 & 2115 W Summitt Ave, Nashville, TN 37207 (the property), a two parcel assemblage of +/- 14.56 acres located on the west side of the Cumberland River off of Clarksville Pike in the Bordeaux neighborhood of western Nashville.


2111 W Summitt Ave (Parcel 2) will be sold subject to a 50 year ground lease beginning in 2013, which contains a communications towre. Prospective purchasers may, at their cost, attempt to negotiate an early termination or relocation with Lessee.


The Property is position less than 5 miles from the heart of Downtown Nashville, situated at the end of W Summitt Ave ina largely residential area on elevated topography.


Currently zoned for a commercial PUD specific to the current owner's use, the most probable redevelopment plan is for single-family residential based on the surrounding uses, access and view corridors. Surrounded and previously zone R-8, the Property will need to be rezoned to allow for additional density and redevelopment.

Investment Highlights

• Elevated site offering fantastic views of downtown Nashville and the surrounding area

• Easy vehicular access to downtown Nashville’s vast jobs, amenities and entertainment offerings

• Superior vehicular access to I-24, I-40, I-65, and the 440 Connector

• Significant investment activity occurring across the Nashville metro area

• Currently zoned specifically for commercial/telecom use, the site could be rezoned for residential use if desired

• Nashville ranks fourth in the nation for population growth

• Nashville ranks first in the nation for job growth, averaging 30,000+ jobs each year since 2014

Last Updated Date: 03 May 2021
Mark Lindenbaum
Mark Lindenbaum
Managing Director, Capital Markets
Ian Anderson
Ian Anderson
Senior Director, Capital Markets

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Last Updated Date: 03 May 2021

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